Weekly CryptoNews

Weekly CryptoNews

Chris Burniske, trader, crypto investor: "Why is crypto falling so much in 2018? Because in 2017 the market was up more than 30 times, but adoption (beyond investing & trading) wasn’t concurrently up 30 times. One can try to explain each fluctuation, but these explanations are frequently stories we tell ourselves, stretching to add reason to traders driving a bear market. The macro story I tell myself is ‘financial reality’ divorced from utility fundamentals in 2017, and so we have to (expectedly) course correct."

After started bearish on Monday, Bitcoin increased to its mid-August levels closing at $6,468 on Thursday. It is connected with the news about Morgan Stanley. The famous bank announced that it is working on a solution to protect the Bitcoin investors. Moreover, other big financial institutes, such as Citigroup and BlackRock, are planning to launch crypto-related products. The market reacted positively, which resulted in pushing the price of BTC up. Up to now, the digital currency has been trying to reach the 200-period MA on H4 at $6,605. If it breaks the resistance level, the future growth could be expected. The next resistance level is at $7,125. Otherwise, BTC/USD will go back to the support at $6,180.


  • The People’s bank of China launched testing of a new trade and finance blockchain platform in Shenzhen;
  • French authorities approved the government program of ICOs regulation. The projects succeeded the registration get a right to open a bank account;
  • The US court officially declined to proceed the case of Mt.Gox trading system and advised to apply to Japan;
  • The US SEC at the first time closed a crypto hedge fund called Crypto Asset Management, as it proclaimed itself as an “official crypto fund”
  • The United Arab Emirates is planning to equal tokens to shares;
  • NASDAQ is developing an instrument for forecasting the rates of crypto currencies for institutional investors;
  • Coinbase, Protocol Labs, Digital Currency Group and other crypto and blockchain companies created the Blockchain Association for the protection of industry’s interests.

Bitcoin $6,437.7 (-0.43%)

DASH $185.54 (-2.62%)

Ethereum $205.79 (+6.02%)

Litecoin: $53,300 (-0.28%)


Will the CPI Crash the USD?
Will the CPI Crash the USD?

 The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!

USD and GBP Traders Await Big Moves
USD and GBP Traders Await Big Moves

The first week of November promises to be eventful, as we have the Fed meeting, the BOE update, and the NFP release. Read more details here.

Latest news

Fed’s Rate Pause and UK Inflation Slows
Fed’s Rate Pause and UK Inflation Slows

Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.

Deposit with your local payment systems

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera